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-$446.5M-1,048%

Other financials

Income statement

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Revenue--100%
Operating income-$96.9M-27.4%
Net income-$83.7M-17.7%
EPS (diluted)-$2.87+13.3%

Balance sheet

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Cash & equivalents$474.8M+201%
Total debt$1.1M+44.0%
Total equity$1.3B+232%
Total assets$1.4B+207%

Cash flow

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Operating cash flow-$77.5M-41.8%
CapEx$245.0K+338%
Free cash flow-$77.8M-42.1%

Valuation

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Market cap$10.32B+909%
Enterprise value$9.85B+1,037%

Profitability

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Operating margin-3,927.5%-1,497pp
Net margin-3,658.5%-1,388pp
FCF margin-3,067.4%-1,030pp

Returns & leverage

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Return on equity-38.9%-10.3pp
Debt / equity0.0×
Current ratio15.7×+9.4×

Where this comes from

Reported directly by Praxis Precision Medicines, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

The source filing: Praxis Precision Medicines, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 9:06 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001689548-26-000047
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Payments of tax withholdings related to vesting of restricted stock units(12,923)(1,195)
Proceeds from exercise of stock options1,119560
Net cash provided by financing activities609,43154,269
Increase (decrease) in cash, cash equivalents and restricted cash179,004(49,805)
Cash, cash equivalents and restricted cash, beginning of period357,745215,788
Cash, cash equivalents and restricted cash, end of period$536,749$165,983
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents536,333165,567

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s net change in cash?
Praxis Precision Medicines, Inc. (PRAX) reported net change in cash of $179M in Q1 2026.
How has Praxis Precision Medicines, Inc.'s net change in cash changed year-over-year?
Praxis Precision Medicines, Inc.'s net change in cash increased by 459.4% year-over-year, from -$49.81M to $179M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s net change in cash?
Over 2 years (2022 to 2025), Praxis Precision Medicines, Inc.'s net change in cash has grown at a 29.9% compound annual growth rate (CAGR), from -$84.09M to $141.96M.
What does net change in cash mean?
Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

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